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New report uncovers Tesla is experiencing a sharp hit — here's what's happening [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
New registration data shows Tesla has taken a sharp hit across several major European countries. According to Reuters , November registrations fell 58% in France, 59% in Sweden, and over 40% in Denmark, Portugal, and the Netherlands compared with last year. Many drivers are leaning toward hybrids rather than fully electric cars, which has helped brands like BYD that offer a wider range of models. Tesla tried to bring shoppers back with a cheaper Model Y earlier this year. However, it might take some time to discover how successful the sales of those lower-priced cars have been. When a company's sales fall this quickly, customers tend to feel the bumps. Lower demand can lead to unpredictable delivery times, sudden price shifts, or service changes — issues Tesla owners have run into before. Earlier this year, Tesla raised lease prices overnight, leaving some drivers with sudden, unexpected costs. Moments like that make it harder for people trying to plan an EV purchase or loc
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